5 ms·
It's easy to dismiss economic impact in conflicts. Even the phrasing "economic factors alone have rarely prevented conflicts" is a little glib. US administratio
by creer 3y ago
It's easy to dismiss economic impact in conflicts. Even the phrasing "economic factors alone have rarely prevented conflicts" is a little glib. US administrations (and all others) have to remember how the Cold War ended; The Oil Shock; the effect of fracking on the viability of action in the middle east (thrown together in one salad :-); the whole point of much conflict in the middle east; the Houthis firing at ships passing by; etc, etc.
So not all conflict is tied-in with economics sure but wouldn't loosing most TSMC production and china-based supply chains be a major shock? For all sides? And as such would be taken into account?
- samus 3y agoThe chip foundries are just one factor in the importance of Taiwan. What matters more is that control over Taiwan would vastly simplifies to exercise control over what China perceives as their territorial waters (not just as their Exclusive Economic Zone!). The economic impact can be tanked by a national economy and is easily justified in the name of furthering national security, as it would severity weaken US influence in the whole region.